Amazon reports better-than-expected earnings despite tumult of Trump tariffs

Company exceeds expectations for third quarter in a row as chief executive Andy Jassy admits uncertainty over tariffs

Amazon reported strong first-quarter earnings for the 2025 fiscal year on Thursday after the New York stock exchange closed – results that will be seen in the context of consumer resilience in the face of Donald Trump’s tariff wars.

Amazon reported $1.59 in earnings-per-share (EPS) and revenue of $155.67bn. Analysts had estimated that the company’s EPS would come in at $1.36 on revenue of $155bn. In particular focus: Amazon’s advertising business, which grew 19% in the first quarter of 2025, handily exceeding analyst expectations as well. The company has exceeded Wall Street’s expectations for the previous two quarters.

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Dozens of homeless people living in national forest evicted by US Forest Service

Service closing area in Oregon for wildfire prevention plan months after Trump order to increase timber production

Dozens of homeless people who have been living in a national forest in central Oregon for years were being evicted on Thursday by the US Forest Service, as it closed the area for a wildfire prevention project that will involve removing smaller trees, clearing debris and setting controlled burns over thousands of acres.

The project has been on the books for years, and the decision to remove the encampment in the Deschutes national forest comes two months after the Trump administration issued an executive order directing federal agencies to increase timber production and forest management projects aimed at reducing wildfire risk. It wasn’t immediately clear if the evictions were a result of that order, but homeless advocates seized on the timing on Thursday, as US Forest Service officers blocked the access road.

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Trump officials ask supreme court to help strip legal status from Venezuelans

Justice department calls on court to hold judge’s order against ending temporary protected status for 300,000

The Trump administration asked the US supreme court on Thursday to intervene and assist in its attempt to strip temporary protected status (TPS) from more than 300,000 Venezuelan migrants in the US, a move that would clear the way for their deportation.

The justice department asked the supreme court justices to put on hold a federal judge’s order from March that halted the decision of the homeland security secretary, Kristi Noem, to terminate the temporary legal status that previously was granted to some Venezuelans.

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DoJ civil rights division suffers severe personnel reduction under Trump

More than 250 lawyers have left or been reassigned since January as critics fear ‘end of the division as we’ve known it’

More than 250 attorneys in the justice department’s civil rights division have either left, been reassigned, or accepted a buyout offer since January , according to an estimate provided to the Guardian by people familiar with the matter. The significant decrease in personnel underscores how Donald Trump is gutting the arm of the federal government responsible for enforcing federal civil rights laws.

About 235 attorneys in the division’s civil enforcement sections have accepted buyouts or have quit the justice department and roughly another 20 have been reassigned or detailed to do other work within the agency, including handling public records requests and internal agency complaints.

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No Ken do: Trump says US kids may get ‘two dolls instead of 30’ due to tariffs

President acknowledged his tariff war with China could lead to a toy shortage and costlier products

Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls”, but he insisted China will suffer more from his trade war.

The US president has tried to reassure a nervous country that his tariffs will not provoke a recession, after a new government report showed the US economy shrank during the first three months of the year.

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Trump has launched more attacks on the environment in 100 days than his entire first term

Blitzkrieg has hit protections in place for land, oceans, forests and wildlife, and will worsen the climate crisis

Donald Trump has launched an unprecedented assault upon the environment, instigating 145 actions to undo rules protecting clean air, water and a livable climate in this administration’s first 100 days – more rollbacks than were completed in Trump’s entire first term as US president.

Trump’s blitzkrieg has hit almost every major policy to shield Americans from toxic pollution, curb the worsening impacts of the climate crisis and protect landscapes, oceans, forests and imperiled wildlife.

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Trump’s attack on federal unions a ‘test case’ for broader assault, warn lawyers

Executive order cites national security to strip bargaining rights from more than 1 million federal workers

The Trump administration is seeking to strip collective bargaining rights from large swaths of federal employees in a test case union leaders argue is part of a broader attack on US labor unions that could land before the US Supreme Court.

A Trump win would deliver a severe blow to labor unions in the US. Some 29.9% of all federal workers were represented by labor unions in 2024 compared to 11.1% for all US workers.

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Private firms look to fill research gaps left by federal grant cuts: ‘We can’t wait four years’

Trump and Musk have gut National Institutes of Health and experts are wary of private efforts’ ability to replicate public service

The federal government has slashed research since Donald Trump took office – hacking away at the National Institutes of Health (NIH) and its grants, staff and long-held partnerships with academia.

Now, some private companies said they want to pick up strands of research that might have otherwise been funded by the federal government. The effort has stoked little optimism among experts, who caution that private efforts cannot remotely replicate the breadth, depth or public service provided by federal funding.

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US and Ukraine sign minerals deal that solidifies investment in Kyiv’s defense against Russia

Move seals a deal to create a fund the Trump administration says will begin to repay roughly $175bn provided to Ukraine

The US and Kyiv have signed an agreement to share profits and royalties from the future sale of Ukrainian minerals and rare earths, sealing a deal that Donald Trump has said will provide an economic incentive for the US to continue to invest in Ukraine’s defense and its reconstruction after he brokers a peace deal with Russia.

The minerals deal, which has been the subject of tense negotiations for months and nearly fell through hours before it was signed, will establish a US-Ukraine Reconstruction Investment Fund that the Trump administration has said will begin to repay an estimated $175bn in aid provided to Ukraine since the beginning of the war.

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Trump officials contacted El Salvador president about Kilmar Ábrego García, sources say

Administration in touch with Nayib Bukele over detention of wrongly deported man, according to two people

The Trump administration has been in touch directly with the Salvadorian president Nayib Bukele in recent days about the detention of Kilmar Ábrego García, the man wrongly deported to a notorious prison in El Salvador, according to two people familiar with the matter.

The nature of the discussion and its purpose was not clear because multiple Trump officials have said the administration was not interested in his coming back to the US despite the US supreme court ordering it to “facilitate” Ábrego García’s release.

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Powerful earthquake could raise Pacific north-west sea levels ‘dramatically’ – study

Likelihood of potentially devastating quake above 8.0 magnitude in next 50 years is 15%, study states

A massive earthquake in the Pacific north-west could rapidly transform areas of the coast from northern California to Washington, causing swaths of land to quickly sink, “dramatically” raising sea level and increasing the flood risk to communities.

That’s according to a new study, published in the Proceedings of the National Academy of Sciences, examining the potential impact of the “big one”, a powerful quake along the Cascadia fault that stretches from Canada to California.

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Trump administration to cancel $1bn in Biden-era school mental health grants

Funding will not be continued next year after bill signed in 2022 helped schools hire more mental health workers

The Trump administration is moving to cancel $1bn in school mental health grants, saying they reflect the priorities of the previous administration.

Grant recipients were notified on Tuesday that the funding will not be continued after this year. A gun violence bill signed by Joe Biden in 2022 sent $1bn to the grant programs to help schools hire more psychologists, counselors and other mental health workers.

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Microsoft to report earnings as AI financial boom shows no sign of slowing

Company has beaten Wall Street expectations in each of its previous three quarterly earnings reports

Microsoft will report its earnings for the third quarter of the fiscal year after the stock market closes on Wednesday. Analysts have predicted that revenue would grow by 10.6% year-over-year to $68.4bn, even as the company plows tens of billions into artificial intelligence as well as earnings-per-share of $3.22. The company has beaten Wall Street’s expectations on each of its previous three quarterly earnings reports.

Analysts said they view the earnings report as a temperature check on Microsoft’s artificial intelligence business, which has announced it will invest around $80bn in this fiscal year alone, though it has also terminated some data center leases in recent months. The company has invested billions in OpenAI in recent years, giving it a large stake in the ChatGPT developer.

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US supreme court seems open to religious public charter schools

Oklahoma case is part of a broader push to erode separation of church and state, and a test of role of religion in schools

The US supreme court’s conservative majority seemed open to establishing the country’s first public religious charter school as they weighed a case Wednesday that could have significant ramifications on the separation of church and state.

The Oklahoma state charter school board approved the application for St Isidore, a Catholic virtual charter school. The ACLU and other groups filed suit, as did Republican attorney general Gentner Drummond. The state supreme court sided with Drummond, ruling that the US and Oklahoma constitutions “prohibit the state from using public money for the establishment of a religious institution”.

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Judge re-ups demand that White House show efforts to retrieve Kilmar Ábrego García from El Salvador

With seven-day pause expiring Wednesday, Paula Xinis says administration must provide sworn testimony by May

A federal judge on Wednesday again directed the Trump administration to provide information about its efforts so far, if any, to comply with her order to retrieve Kilmar Ábrego García from an El Salvador prison.

The US district judge Paula Xinis in Maryland temporarily halted her directive for information at the administration’s request last week. But with the seven-day pause expiring at 5pm, she set May deadlines for officials to provide sworn testimony on anything they have done to return Ábrego García to the US.

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Meta to report quarterly earnings amid tariff uncertainty and AI investment

Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share

Meta is set to report its first quarter earnings on Wednesday after the bell, and investors will be looking for news on whether the company met its quarterly revenue goals of somewhere between $39.5bn and $41.8bn.

Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share.

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Kristi Noem says Kilmar Ábrego García would be deported immediately if sent back to US

US homeland security secretary said Maryland man mistakenly deported to El Salvador ‘not under our control’

Kristi Noem, the US homeland security secretary, said that if Kilmar Ábrego García was sent back to the US, the Donald Trump administration “would immediately deport him again”.

Noem repeated White House assertions about Ábrego García, a Salvadorian man who the Trump administration has admitted was mistakenly deported from Maryland last month, in a new interview with CBS.

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Venezuelan detainees at Texas center spell out SOS with their bodies

Men at Bluebonnet fear deportation to El Salvador under wartime law despite maintaining they do not have gang ties

Detainees at the Bluebonnet immigrant detention center in the small city of Anson, Texas, sent the outside world a message this week: SOS.

With a Reuters drone flying nearby, 31 men formed the letters in the dirt yard of the facility on Monday.

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Chinese e-commerce exports to US plummet by 65% in face of tariffs

Temu and Shein among fast-fashion sites affected by drop in first three months of this year but sales in rise to EU

Exports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump’s trade war, as shipping from China to the EU has increased.

Official Chinese data showed its total e-commerce shipping to the US dropped 65% by volume in the first three months of the year, but rose by 28% in Europe.

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Equinor considers suing Trump administration over halted US windfarm

Norway’s state energy company’s $2.5bn project off coast of New York was almost a third finished

Norway’s state energy company may take Donald Trump’s administration to court after it ordered an “unprecedented” halt to a $2.5bn (£1.87bn) windfarm project off the coast of New York.

Equinor is considering its legal options after the US interior secretary, Doug Burgum, ordered the company to “immediately halt all construction activities” on an offshore windfarm last month.

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